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Property profile & analytics
OFF-MARKET
Commercial real estate

901 Locust St Denton, TX 76201

1.63 ac lot
Property ID
US83-1855345
Property summary
AI-generated overview

This exceptional 1.63-acre land parcel presents a unique investment opportunity in the thriving city of Denton, Texas. Located at 901 S. Locust St., this property boasts a highly desirable Mixed-Use Neighborhood zoning designation, opening doors to a wide array of development possibilities. The expansive lot offers significant potential for both residential and commercial ventures, catering to the growing demand for diverse uses within the Denton community. Priced at $750,000, the land's value translates to $10.56 per square foot, reflecting its strategic location and development potential. The single existing building on the site provides a blank canvas for redevelopment or repurposing, allowing for creative design and maximum return on investment. Situated in Denton County, Texas, with a zip code of 76201, this property benefits from convenient access to local amenities, transportation networks, and the vibrant Denton city center. The coordinates are 33.2053299 latitude and -97.13221 longitude. This is a rare chance to acquire a substantial land holding in a dynamic Texas market, ideal for developers seeking a prime location for a mixed-use project. The property's multi-family tenancy designation further enhances its versatility and appeal to investors seeking diverse income streams. Don't miss this opportunity to shape the future of Denton's landscape.

Property profile
Verified
Property type Commercial real estate
Lot 1.63 ac (71,003 SF)
UPID US83-1855345
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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